Divisional Controller, IPCO
Federated Co-operatives Limited
Winnipeg, MB
Federated Co-operatives Limited (FCL) is a diverse business operating in the agriculture, food, energy and home and building sectors. Based in Saskatoon, Sask., FCL is owned by independent retail co-operatives from across Western Canada that are committed to local investment, community mindedness and lifetime membership benefits. FCL is involved in wholesaling and manufacturing, including refined fuels and lubricants. It also provides administrative and marketing support to its member-owners. For more information, visit www.fcl.crs.

The Co-operative Retailing System is a network composed of Federated Co-operatives Limited (FCL) and over 180 independent retail co-operatives that help build, feed and fuel individuals and communities in Western Canada. From Vancouver Island to northwestern Ontario and into the Arctic, retail co-ops serve 1.8 million active members and many more customers at 2,500 locations. FCL centrally supplies and supports these retail co-ops. By working together under the CO-OP® brand, we are all committed to local investment, community mindedness and lifetime membership benefits. For more information, visit www.coopconnection.ca.

FCL invites applications for the position of Divisional Controller, IPCO in our office located in Winnipeg, Manitoba.

The Divisional Controller, IPCO is responsible for the co-ordination and administration of all aspects of the accounting for Interprovincial Co-operatives Ltd. (IPCO). This position reports to the Agri Products Manager, IPCO and works closely with that position to ensure IPCO is meeting the requirements set out in the Management Agreement FCL has with IPCO, and thereby meeting the needs of IPCO’s members. The Divisional Controller, IPCO also works closely with the IPCO Management Team to ensure day to day operational decisions regarding capital funding, spending, and reporting are properly made and executed to assist the IPCO business unit to maximize its financial and operating results. This includes the monthly operating statements, the consolidated board financial statements and reporting, year-end audited statements, and any other analysis required. The Divisional Controller, IPCO, presents financial statements to IPCO management, Board of Directors and other levels of IPCO and FCL management to assist with prudent financial decision making. The IPCO Controller will also be an active participant in capital and / or other business growth initiatives and providing financial analysis of these initiatives, as applicable.

Responsibilities:
Reporting to the Agri Products Manager, IPCO, responsibilities for this position include the following:

Manage and direct all aspects of the accounting function for IPCO. Oversee the preparation of the IPCO consolidated monthly, quarterly and year-end board report financial statements (actual and budget) to ensure accurate reflection of financial results, in a clear and concise manner that accurately captures manufacturing factors. Liaise with auditors on year end reporting and audit process. Co-ordinate the preparation of required variance analysis and supporting schedules in reporting periods. Attend all Board meetings and report and present the financial results to IPCO management and Board of Directors at these meetings.
Manage all aspects of end to end accounting for IPCO including system maintenance, control of expenses and balance sheet accounts, manufacturing inventory analysis, patronage transactions, dividend and share issuance, fixed assets, and financial reporting and enhancing means to determine and report on the costs of product(s) manufactured. This will include providing comparative analysis of monthly actual to budget results and updating forecasts on a quarterly basis. In addition to regular variance analysis, the position will also analyze physical inventory, variable and fixed costs per unit, and gross margins, and provision recommendations for operational actions going forward based on these analyses.
Co-ordination and control of budget activity requirements including establishing consolidated budget guidelines, ensuring deadlines are met, maintenance of budget computer systems and compiling of final budget narratives for review and approval by the Board.
Prepare analysis of in-depth accounting transactions and reporting issues as the need arises (ex. large capital expenditures, construction projects, changes to equity structure due to change in membership).
Supervise direct reports including responsibility for recruitment, training, performance management, mentoring, and career development.
Responsible to oversee business requirements for internal technology systems. Supports IT and provides expertise on the implementation or adjustments to systems.
Other duties as assigned.

Qualifications:
The successful candidate will have a Bachelor of Commerce (Accounting Major), 8+ years of relevant progressively responsible accounting experience. Professional Accounting designation (CPA). Familiarity with SYSPRO considered an asset. Worked in a LEAN manufacturing environment is recommended. Understanding of Canadian Tax laws is an asset.

A combination of education and work experience may be considered.

Additional Information:
FCL offers a competitive salary, ongoing personal and professional development, and the opportunity to work with one of western Canada's most successful organizations.

You may be required to undergo a background and substance test in accordance with FCL policies.

We thank all candidates for their interest, however, only those selected for an interview will be contacted.